World - Vices And Clamps - Market Analysis, Forecast, Size, Trends And Insights
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The article provides a comprehensive analysis of the vices and clamps market, highlighting global trends in consumption, production, imports, and exports. Key insights include projections for market performance, with an expected increase in volume and value over the next eight years. Countries with the highest consumption, production, and import volumes are identified, showcasing growth patterns and trends from 2012 to 2022. The data also covers average prices and growth rates for both imports and exports, offering valuable information for industry stakeholders.
Market Forecast
Driven by increasing demand for vices and clamps worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market volume to 332K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.9% for the period from 2022 to 2030, which is projected to bring the market value to $2.8B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Vices And Clamps
In 2022, approx. 285K tons of vices and clamps were consumed worldwide; increasing by 1.7% on 2021. Overall, the total consumption indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +52.7% against 2015 indices. Over the period under review, global consumption hit record highs in 2022 and is likely to continue growth in the immediate term.
The global vices and clamps market revenue stood at $2.3B in 2022, with an increase of 4% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2022 and is expected to retain growth in years to come.
Consumption By Country
The countries with the highest volumes of consumption in 2022 were China (81K tons), India (41K tons) and the United States (25K tons), with a combined 52% share of global consumption.
From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +8.4%), while consumption for the other global leaders experienced more modest paces of growth.
In value terms, Japan ($614M) led the market, alone. The second position in the ranking was taken by China ($255M). It was followed by India.
From 2012 to 2022, the average annual growth rate of value in Japan was relatively modest. The remaining consuming countries recorded the following average annual rates of market growth: China (+6.5% per year) and India (+9.4% per year).
The countries with the highest levels of vices and clamps per capita consumption in 2022 were Canada (191 kg per 1000 persons), Germany (131 kg per 1000 persons) and Japan (112 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +7.5%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Vices And Clamps
In 2022, approx. 250K tons of vices and clamps were produced worldwide; which is down by -3.3% on the year before. The total output volume increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of 24%. Global production peaked at 258K tons in 2021, and then shrank modestly in the following year.
In value terms, vices and clamps production totaled $1.8B in 2022 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the production volume increased by 8.2%. As a result, production attained the peak level of $1.8B; afterwards, it flattened through to 2022.
Production By Country
China (140K tons) constituted the country with the largest volume of vices and clamps production, accounting for 56% of total volume. Moreover, vices and clamps production in China exceeded the figures recorded by the second-largest producer, India (36K tons), fourfold. The third position in this ranking was taken by Japan (11K tons), with a 4.5% share.
From 2012 to 2022, the average annual growth rate of volume in China totaled +5.0%. The remaining producing countries recorded the following average annual rates of production growth: India (+0.4% per year) and Japan (+1.6% per year).
Imports
World Imports of Vices And Clamps
In 2022, overseas purchases of vices and clamps decreased by -5.6% to 141K tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of 150K tons, and then reduced in the following year.
In value terms, vices and clamps imports fell to $932M in 2022. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. As a result, imports attained the peak of $945M, and then fell in the following year.
Imports By Country
In 2022, the United States (27K tons), distantly followed by Germany (12K tons), India (9K tons), Canada (8.5K tons), the Netherlands (7.4K tons) and France (6.8K tons) represented the key importers of vices and clamps, together generating 50% of total imports. Belgium (5.1K tons), the UK (4.1K tons), Poland (3.8K tons), Spain (3.1K tons), Australia (3K tons), Russia (2.9K tons) and Japan (2.9K tons) followed a long way behind the leaders.
Imports into the United States increased at an average annual rate of +5.8% from 2012 to 2022. At the same time, India (+26.8%), Spain (+16.7%), the Netherlands (+11.8%), Belgium (+6.3%), France (+5.8%), Germany (+5.6%), Canada (+5.3%) and Poland (+4.4%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer imported in the world, with a CAGR of +26.8% from 2012-2022. Russia experienced a relatively flat trend pattern. By contrast, the UK (-1.2%), Japan (-2.3%) and Australia (-4.4%) illustrated a downward trend over the same period. While the share of India (+5.5 p.p.), the United States (+4.1 p.p.), the Netherlands (+2.9 p.p.), Germany (+1.7 p.p.) and Spain (+1.6 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of Japan (-1.5 p.p.), the UK (-1.6 p.p.) and Australia (-2.5 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($191M) constitutes the largest market for imported vices and clamps worldwide, comprising 21% of global imports. The second position in the ranking was held by Germany ($86M), with a 9.2% share of global imports. It was followed by Canada, with an 8.6% share.
In the United States, vices and clamps imports increased at an average annual rate of +2.6% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+6.9% per year) and Canada (+5.1% per year).
Import Prices By Country
In 2022, the average vices and clamps import price amounted to $6,586 per ton, growing by 4.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 an increase of 9.8% against the previous year. As a result, import price attained the peak level of $7,715 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Canada ($9,469 per ton), while India ($841 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+6.6%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Vices And Clamps
In 2022, shipments abroad of vices and clamps decreased by -16.9% to 106K tons for the first time since 2019, thus ending a two-year rising trend. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 44% against the previous year. The global exports peaked at 128K tons in 2021, and then fell significantly in the following year.
In value terms, vices and clamps exports dropped to $743M in 2022. The total export value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 18% against the previous year. As a result, the exports reached the peak of $801M, and then shrank in the following year.
Exports By Country
China dominates exports structure, finishing at 59K tons, which was approx. 56% of total exports in 2022. Germany (6.9K tons) took the second position in the ranking, followed by Taiwan (Chinese) (6.2K tons) and Belgium (5.2K tons). All these countries together held approx. 17% share of total exports. The Netherlands (3.7K tons), India (3.6K tons), Spain (3.2K tons), Italy (1.9K tons), the United States (1.8K tons) and Turkey (1.8K tons) held a relatively small share of total exports.
From 2012 to 2022, average annual rates of growth with regard to vices and clamps exports from China stood at +3.6%. At the same time, Spain (+13.0%), Belgium (+9.6%), the Netherlands (+6.6%), Germany (+2.5%), Turkey (+2.5%) and Taiwan (Chinese) (+1.1%) displayed positive paces of growth. Moreover, Spain emerged as the fastest-growing exporter exported in the world, with a CAGR of +13.0% from 2012-2022. Italy experienced a relatively flat trend pattern. By contrast, India (-14.2%) and the United States (-17.5%) illustrated a downward trend over the same period. China (+16 p.p.), Belgium (+2.9 p.p.), Spain (+2.1 p.p.) and the Netherlands (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while the United States and India saw its share reduced by -10.3% and -12.9% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($212M) remains the largest vices and clamps supplier worldwide, comprising 29% of global exports. The second position in the ranking was held by Germany ($104M), with a 14% share of global exports. It was followed by the United States, with a 14% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +6.7%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+5.2% per year) and the United States (-0.2% per year).
Export Prices By Country
In 2022, the average vices and clamps export price amounted to $6,999 per ton, with an increase of 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The pace of growth appeared the most rapid in 2016 when the average export price increased by 49% against the previous year. As a result, the export price reached the peak level of $8,254 per ton. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($55,811 per ton), while China ($3,580 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.0%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global vices and clamps market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 25733085 - Vices, clamps and the like
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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